Cheap Apartments for Rent in Newcastle, ME from $700 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Newcastle.

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347 Ridge Road
Studio to 2 Bedroom Apartments

347 Ridge Road

347 Ridge RoadFairfield, ME 04937
  • Utilities Included
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Bayview Court
Studio to 1 Bedroom Apartments

Bayview Court

335 ForestPortland, ME 04101
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283 Water St
Studio Apartments

283 Water St

283 Water StGardiner, ME 04345
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Newcastle, ME Local Guide

Cheapest Available Newcastle Apartments for Rent and Nearby

 

The cheapest available apartment rental in Newcastle, ME is a 1 Bed unit found at Mountain View Apartments priced from $750. Orchard Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Newcastle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mountain View Apartments1x11BR,1BA$750
Orchard Park Apartments1 Bedroom1BR,1BA$1,325
The Ridges1 BR, 1BA1BR,1BA$1,375
Mount Auburn ApartmentsOne Bedroom-AA1BR,1BA$1,647
Atlantic Townhouse Apartments2 Bedroom2BR,1BA$1,650

Best Value Apartments for Rent in Newcastle, ME and Nearby

As of July 27, 2025 the best value apartment in the Newcastle area is the $1.83 price per square foot Five Level Model at Yarmouth Pointe Apartment Homes in the starting from $2,515. The second greatest value Newcastle apartment is the 3 Bed 2 Bath Model at Back Bay Tower starting at $2,950 with a $2.32 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Newcastle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yarmouth Pointe Apartment HomesFive Level2BR,1.5BA$1.83
Back Bay Tower3 Bed 2 Bath3BR,2BA$2.32
Stable Ridge Apartments2 Bedroom2BR,1BA$1.84
The RidgesFurnished 1 BR, 1 BA, Large Office/Den1BR,1BA$2.20
Atlantic Townhouse Apartments2 Bedroom2BR,1BA$1.96
Mount Auburn ApartmentsTwo Bedroom-D2BR,2BA$2.37
Kittyhawk Apartments II1 Bedroom1BR,1BA$2.43
Yarmouth Green Apartment Homes1 Bedroom 1 Bathroom B1BR,1BA$2.44
Haven WestHW-A12BR,1BA$2.54
Orchard Park Apartments1 Bedroom1BR,1BA$1.89

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Getting Around Newcastle, ME

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Newcastle Apartments

What is the Cheapest Studio apartment in Newcastle?

Currently the most affordable Cheap Studio Apartment in Newcastle is at The Residences at Crosstree listed at $2,110.

How much is rent for a Cheap One Bedroom Newcastle Apartment?

The lowest price for a Cheap One Bedroom Newcastle Apartment is $750 at Mountain View Apartments.

What is the lowest price for a Cheap Two Bedroom Newcastle Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Newcastle is starting from $1,650 at Atlantic Townhouse Apartments.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.